More and more people are investing in digital currency, and it is rapidly becoming a widely accepted payment method.
Although altcoins are expanding their growth, BTC is the most-used payment method for companies and small merchants.
First, we’re going to take a look at businesses that accept Bitcoin.
Users could buy games and applications with digital currencies, but digital coins were far from usual back then, so Microsoft stopped accepting BTC in 2016 and once again in 2018 due to high volatility.
Among the stores that accept Bitcoin is one of the largest hardware store chains in the United States, Home Depot.
Although there are a lot of pros to using BTC as a payment method, it’s not stable enough for everyone.
Supermarkt company Whole Foods made it possible for clients to pay with Bitcoin, just like Home Depot.
Gift Card Company Gyft enables users to buy, send and redeem their online gift cards for retailers and platforms like Starbucks, Amazon and Sony Playstation.
Save the Children is the biggest and first international NGO that started accepting donations in Bitcoin and other cryptocurrencies in 2013.
Richard Branson, founder of Virgin Airlines, has always been an innovator, so no surprise there.
Bitcoin and other digital currencies are often described as the finance of the future.
Another early starter is Wikimedia, the company behind the famous open-source encyclopedia Wikipedia.
Wikimedia has several arguments like concerns about the environment, the risk of scams and the fact that only 0.08% of the total amount of donations was received in crypto.
Now you know what stores accept Bitcoin.
It’s part of the upcoming regulation plan to make this possible, but users have to buy digital coins on a crypto exchange for now.
Most of the time, you need to provide some personal information like your passport and bank account.
This funding process is no more than sending another currency like USD to your online wallet.
Spending Bitcoin is becoming easier and easier with global merchants accepting it as a payment method.
You need to log in to your crypto wallet, confirm the transaction and send the payment.